TaxLegi 26.05.2022

26 May 2022
Subject Tax Alert
Categories TaxLegi

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  • Tax Treaty Updates

    • On 11 April 2022, the Cyprus - Jordan Income Tax Treaty (2021) entered into force. The treaty generally applies from 1 January 2023 for withholding taxes and other taxes.
    • On 11 May 2022, the Cypriot authorities published a press release noting that Croatia and Cyprus are interested in signing a Tax Treaty by November 2022.

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  • Income Tax Return for Companies and Personal Tax Return for Self-employed for the tax year 2021

    On 26th of May 2022, the Tax Department of Cyprus announced that the 2021 Income Tax Return for Companies (Form T.D. 4) as well as the Income Tax Return for Self-employed Individuals (Form T.D.1 self-employed) with turnover above EUR 70.000 who have the obligation to submit audited accounts, are now available for electronic submission through Taxisnet.
     
    We would like to remind you that the filing deadline of the said Tax Returns, for the tax year 2021, is the 31st of March 2023.
     
    Our team remains at your disposal for any information and/or clarifications required.
     
    Best regards, EY Cyprus Tax Team

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